Meaning of the word arrears in English

What does arrears mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

arrears

US /əˈrɪrz/
UK /əˈrɪrz/
"arrears" picture

Plural Noun

1.

money that is owed and should have been paid earlier

Example:
He is six months in arrears with his rent.
The company is trying to collect the arrears from its customers.
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